Global mobile health (mHealth) technologies market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over the 2018 to 2024

Market Outline: Global Mobile Health (mHealth) Technologies Market

Mobile health (mHealth) is a branch of eHealth, defined as the use of modern communication and information technologies to meet the needs of patients, citizens, healthcare professionals and providers, and policy makers. mHealth technologies enables improve the healthcare quality, and provide healthcare services to billions of people. mHealth technology collects the clinical health data and transfer the data to practitioners and researchers.

Market Dynamics: Global Mobile Health (mHealth) Technologies Market

Technological advancements in the mHealth technologies drives the global mobile health (mHealth) technologies market. Moreover, shift towards the digitalization in healthcare industry, increase in the clinical trial programs by the pharmaceuticals industries, increase in the usage of mHealth by government organizations such as WHO, advantages with mHealth technology such as reduce complications in chronic conditions, and innovation of advanced devices are anticipated to fuel the mobile health (mHealth) technologies market over the forecast years. However, high cost of technology, security problems in data storage, and poor penetration of mHealth technology in underdeveloped countries are expected to hamper the mobile health (mHealth) technologies market.

Based on the therapeutic area, the market is segmented into the following:

Cardiovascular Disorders

Metabolic Disorders

Respiratory Diseases

Neurological Diseases

Others

Based on the end user, the market is segmented into the following:

Hospitals and Clinics

Government Organizations

Pharmaceutical Industries and CROs

Others

Regional Analysis: Global Mobile Health (mHealth) Technologies Market

Geographically, global mobile health (mHealth) technologies market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America mobile health (mHealth) technologies market is anticipated to expand at significant growth rate owing to technological advancements in the mHealth technology, presence of huge number of healthcare insurance providers, and high disposable income. Europe mobile health (mHealth) technologies market has lucrative growth attributed to adoption of newer technologies in developed countries such as Germany, UK, and France, rise in focus on the public health by government organization, and novel device developments are expected to bolster the market. However, Asia Pacific mobile health (mHealth) technologies market is witnessed to grow due to increase in the prevalence of diabetes and cardiovascular diseases in India and China, rise in number of clinical trials programs, and entry of service providers into emerging countries are expected to fuel the market.

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